Thomson Reuters Co. (TSE:TRI - Get Free Report) NYSE: TRI Senior Officer Elizabeth Beastrom sold 2,848 shares of the business's stock in a transaction dated Wednesday, June 11th. The shares were sold at an average price of C$262.48, for a total value of C$747,543.04.
Thomson Reuters Price Performance
Thomson Reuters stock traded up C$1.37 during midday trading on Monday, reaching C$266.35. 425,020 shares of the company were exchanged, compared to its average volume of 351,517. The firm's 50-day simple moving average is C$258.70 and its 200-day simple moving average is C$247.29. Thomson Reuters Co. has a 1 year low of C$214.51 and a 1 year high of C$273.59. The company has a market capitalization of C$84.14 billion, a price-to-earnings ratio of 40.11, a P/E/G ratio of 3.64 and a beta of 0.40. The company has a debt-to-equity ratio of 24.28, a quick ratio of 0.52 and a current ratio of 0.94.
Wall Street Analyst Weigh In
TRI has been the topic of several recent research reports. Bank of America set a C$255.00 price target on Thomson Reuters and gave the stock a "neutral" rating in a research note on Thursday, April 10th. Scotiabank downgraded Thomson Reuters from a "strong-buy" rating to a "hold" rating in a report on Friday, May 2nd. Canaccord Genuity Group lifted their price objective on shares of Thomson Reuters from C$175.00 to C$181.00 and gave the stock a "hold" rating in a research note on Friday, May 2nd. Finally, BMO Capital Markets upped their target price on Thomson Reuters from C$265.00 to C$280.00 and gave the stock an "outperform" rating in a research note on Friday, May 2nd. Five investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of C$252.40.
Read Our Latest Analysis on TRI
About Thomson Reuters
(
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Thomson Reuters Corporation engages in the provision of business information services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates in five segments: Legal Professionals, Corporates, Tax & Accounting Professionals, Reuters News, and Global Print. The Legal Professionals segment offers research and workflow products focusing on legal research and integrated legal workflow solutions that combine content, tools, and analytics to law firms and governments.
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